October 2013

Found 1 blog entry for October 2013.

I keep hearing that there is no sensible place to make good investments these days. Many people have lost large sums of money in stocks and even mutual funds over the last few years and are demanding much more tangible investments, such as real estate, I have been surprised by the large number of my luxury clients that are buying investment properties.

The first question I always ask these buyers: "Are you going to manage the properties yourself, or hire a management company?"  Not only will this change the type of properties I recommend, but if you are hiring a management company, that will significantly reduce your annual return. But, not everyone has the patience to be a landlord. Having been a landlord, I know that finding the best tenant is

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